Key Financial Figures (Standalone)

  • Total Revenue: ₹5,949.67 lakhs (FY26) vs ₹4,348.27 lakhs (FY25)
  • Profit Before Tax: ₹1,239.85 lakhs (FY26) vs loss of ₹1,759.08 lakhs (FY25)
  • Profit After Tax: ₹662.53 lakhs (FY26) vs loss of ₹598.37 lakhs (FY25)
  • Current Tax: ₹40.80 lakhs
  • Deferred Tax: ₹526.83 lakhs
  • Tax of Earlier Years: ₹9.69 lakhs
  • Other Comprehensive Income: Loss of ₹4,089.93 lakhs
  • Total Comprehensive Income: Loss of ₹3,427.40 lakhs

Key Financial Figures (Consolidated)

  • Total Comprehensive Income: Loss of ₹3,237.22 lakhs (FY26) vs loss of ₹1,396.88 lakhs (FY25)
  • Share of Profit from Associate: ₹469.99 lakhs

AGM Details

  • Date: Thursday, 24th September, 2026
  • Time: 02:00 PM IST
  • Mode: Video Conference/Other Audio Visual Means (VC/OAVM)
  • Deemed Venue: Registered office at E-109, Crystal Plaza, New Link Road, Andheri (West), Mumbai-400053
  • Book Closure: 18th September 2026 to 24th September 2026 (both days inclusive)

Agenda Items

Ordinary Business

1. Adoption of audited standalone and consolidated financial statements for FY 2025-2026

2. Re-appointment of Mr. Girraj Kishor Agrawal (DIN: 00290959) who retires by rotation

Special Business

3. Appointment of M/s Jay Bhatt & Associates as Secretarial Auditor for 5 years (FY 2026-27 to 2030-31)

4. Re-appointment of Mr. Vikash Kulhriya (DIN: 09014921) as Independent Director for second term (30th September 2026 to 29th September 2031)

5. Approval for related party transactions with specified entities up to ₹5.90 crores with each related party from 30th September 2026 to 30th September 2027

Board and Management Changes

  • Mr. Mayank Borana appointed as Non-Executive Independent Director w.e.f. 29.08.2025
  • Mr. Amit Mehta resigned as Chief Financial Officer (CFO) w.e.f. 31st March, 2026
  • Mr. Praveen Jangid appointed as CFO w.e.f. 29.06.2026

Capital Structure

  • Authorized Share Capital: Increased from ₹103.30 crores to ₹203.30 crores
  • Paid-up Share Capital: ₹895.777 lakhs (89,577,673 equity shares of ₹10 each) - unchanged during FY26

Dividend

No dividend recommended for FY 2025-2026.

Associate Company Details

  • Tilak Ventures Limited: 48.84% holding (65,307,918 shares)
  • Net Worth attributable: ₹2,313.726 lakhs
  • Profit for the year: ₹962.24 lakhs

Legal and Regulatory Matters

  • SEBI adjudication order against Tilak Ventures Limited and directors (including Mr. Girraj Kishor Agrawal and Mrs. Tanu Agrawal) with penalty of ₹70 lakhs for insider trading violations (appeal filed in Supreme Court)
  • SEBI order with penalty of ₹28 lakhs on Tilak Ventures Limited and directors for PFUTP regulations violation (appeal filed in SAT)
  • Income tax disputes for AY 2013-14 (₹1,805.48 lakhs), AY 2014-15 (₹30.60 lakhs), and AY 2016-17 (₹3.52 lakhs)

Key Managerial Personnel

  • Mr. Girraj Kishor Agrawal - Executive Director
  • Mrs. Tanu Agrawal - Executive Director & CEO
  • Mr. Praveen Jangid - CFO (from 29.06.2026)
  • Ms. Prajna Naik - Company Secretary

Corporate Governance

  • Compliance with SEBI LODR regulations confirmed
  • Board comprises 6 directors (3 Independent, 2 Executive, 1 Non-Executive Non-Independent)
  • Four committees: Audit, Nomination and Remuneration, Stakeholders' Relationship, and Corporate Social Responsibility

E-Voting Arrangements

  • Remote e-voting through NSDL from 21st September 2026 (9:00 AM) to 23rd September 2026 (5:00 PM)
  • Scrutinizer: Mr. Jay Bhatt of Jay Bhatt & Associates

Website and Contact Information

  • RTA: Purva Sharegistry (India) Pvt Ltd